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Sama Resources Inc. Provides Early Warning Disclosure Regarding Disposition of All Shares Held in Falcon Energy Materials Plc
(TheNewswire)   Montreal, Quebec — TheNewswire — March 20, 2026 ...
About this update from Sama Resources Inc.
[{"type":"text","content":"Sama Resources Inc. Provides Early Warning Disclosure Regarding Disposition of All Shares Held in Falcon Energy Materials Plc\n(TheNewswire)\n\n\n\n \n\n\nMontreal, Quebec — TheNewswire — March 20, 2026 —\nSama Resources Inc. (\"Sama\" or the “Company”) (TSXV:\nSME | OTC-PK: SAMMF) announces that it has sold all of its remaining\ncommon shares of Falcon Energy Materials plc (\"Falcon\") (TSXV:\nFLCN | OTCQB: FLCNF), in accordance with National Instrument 62-103\n— The Early Warning System\nand Related Take-Over Bid and Insider Reporting Issues (\"NI\n62-103\").\n\n\n \n\n\nBackground\n\n\n\nSama was previously a significant shareholder of\nFalcon.  As a result of the closing of Falcon's non-brokered\nprivate placement announced on February 20, 2026, Sama's\nshareholding in Falcon was diluted from approximately 11.8% to\napproximately 8.9% of the then issued and outstanding common shares of\nFalcon, as Sama did not participate in that financing.\n\n\n \n\n\nFalcon’s head office is located at Level\n7, Al Maryah Tower, ADGM Square, AL Maryah Island, Abu Dhabi,\nUAE.\n\n\n \n\n\nThe Disposition\n\n\n\nOn March 19, 2026, Sama sold an aggregate of\n15,180,377 common shares of Falcon (the \"Shares\") at a price of CDN $0.65 per\nShare, for aggregate proceeds of C$9,867,245\n(the “Transaction\"). The Transaction was\ncompleted through a negotiated cross transaction on the TSX Venture\nExchange.\n\n\n \n\n\nImmediately prior to the Transaction, Sama held direct\nbeneficial ownership and control of 15,180,377 Shares, representing\napproximately 8.9% of the issued and outstanding Shares on an\nundiluted basis.\n\n\n  \n\n\nFollowing completion of the Transaction, Sama holds nil\ncommon shares of Falcon, representing 0% of the issued and outstanding\ncommon shares of Falcon.\n\n\n \n\n\nThe Transaction was undertaken for portfolio management\npurposes. Sama has no present intention to acquire any securities of\nFalcon.\n\n\n \n\n\nEarly Warning Report\n\n\n \n\n\nThis news release is being issued in accordance with NI\n62-103. An early warning report with respect to the Transaction has\nbeen filed on the System for Electronic Document Analysis and Review\n(\"SEDAR+\") at www.sedarplus.ca under Falcon's issuer profile.\n\n\n \...